Oil, Gas & Mining

15-09-2005
Stratic and its partner the Kuwait Foreign Petroleum Exploration Company (KUFPEC) finalised the deal they had initialled last April over the development of Block 17.
16-07-2005
ExxonMobil has sold its 49% share in ALIMCO, an oil lubricants joint-venture it operated in Syria with local partners, according to AFP. The shares were sold to Syrian businessmen.
16-07-2005
Petro-Canada, one of the last major foreign stakeholders in Syria’s oil sector, is to sell its 18.7% share of the Al Furat Petroleum Company (AFPC), Syria’s leading national petroleum company, the Syria Report has learned.
16-05-2005
Gulfsands Petroleum has signed an agreement to purchase Devon Energy Corporation's 80% interest in the Block 26, in the northeast of the country, through its purchase of all the capital shares of Devon Syria, Ltd for an undisclosed amount.
16-05-2005
Conoco Phillips has confirmed that it will be withdrawing from Syria after it transfers the gas treatment plant it is operating in the country at the end of the third quarter of this year.
15-04-2005
Syria’s Ministry of Oil is preparing to release tender documents for the development of the Banias refinery following submission of a feasibility study by France’s Beicip Franlab,...
15-04-2005
Stratic Energy of Canada has initialled a production sharing agreement with the Syrian Petroleum Company and the Ministry of Oil over Block 17 in the centre of the country.
15-04-2005
Exactly one year later than planned, Syria will being to supply Lebanon with gas for the first time in June this year following the completion of the gas pipeline linking the two countries.
02-04-2005
Russia’s Tatneft has signed a contract with the Ministry of Petroleum and the Syrian Petroleum Company (SPC) to search for oil in Block 27 in the east of the country.
02-04-2005
Syria has inaugurated its new 1.2 million tonnes phosphate washing plant. The plant is the first of its kind in the country and will help boost total annual production of phosphate to 3.8 million tonnes.
16-03-2005
Devon Energy, the US independent oil company has announced that it was withdrawing from Syria and that it wouldn’t be developing the field it was awarded back in May 2003.
16-03-2005
After the withdrawal of Veritas DGC Inc from Syria last November (Read Veritas DGC out of Syria), the Syrian Ministry of Petroleum has re-awarded the contract to conduct seismic surveys of Syria’s waters to Norway’s Inseis Terra.
16-03-2005
India’s State-owned gas infrastructure major GAIL (India) Limited has announced that it had been selected by the Ministry of Petroleum to operate a retail gas distribution network in Damascus.
09-02-2005
Petro-Canada, Oxy lose major gas deal. State-owned company will run it instead while a new international tender will be issued for the gas treatment plants.
09-02-2005
Veritas DGC Inc., a US geophysical company that last year won a contract to conduct seismic surveys over Syria’s offshore waters has withdrawn from Syria, in order to avoid any potential conflict with the terms of the Syria Accountability Act, Th...

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